In response, Republican Congressman Chuck Edwards is seeking to place new restrictions on jurisdictions’ ability to receive federal funding.
Topic: Marijuana Business
Homes located in towns with dispensaries experienced, on average, an annual increase in home values of $4,400.
Some retailers with dual licensure are anticipated to begin engaging in adult-use sales before the end of the month.
Currently, tribes are operating businesses in nine states: California, Michigan, Minnesota, Nevada, New Mexico, New York, North Carolina, South Dakota, and Washington.
Job growth in the state-licensed cannabis industry increased more than five percent between 2022 and 2023, while retail cannabis sales grew over ten percent to $28.8 billion.
The law prohibits regulators from accepting any new cannabis production or retail license applications until there are significant increases in population growth.
“The average reported THC level of the strains tested is about 24 percent, but the average measured THC number was just over 14 percent,” NPR reported.
Patrons must be 21 to enter and sales of food or alcohol are prohibited.